CVN 4.88% 19.5¢ carnarvon energy limited

Dwayne Johnson...eat your heart out., page-303

  1. 467 Posts.
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    Scroats,
    Gas and oil are just different physical states of hydrocarbons.Gas just has shorter chain molecules. Oils vary in their length of carbon chain, being mostly a mixture of different length carbon chains. Some fuels also contain impurities like sulphur, which when burnt form sulphur dioxide and in rain convert to sulphurous acid. The cost of energy is often the key factor in a consumer using a fuel. However, in China they are mandating a change to gas( a lot from Oz) to reduce the poor quality local coal and thus reduce pollution. EV cars that use coal generated electricity are not green vehicles. Technology takes time eg efficient batteries. Many people see transition in our energy use over a considerable time frame. CVN will be one company assisting this transition. The transition time may also depend upon the cost to hydrogen vehicles, electric vehicles using solar, etc. Many car buyers look at the distance EV can go, charging stations available and the cost of the vehicle. Not everyone can afford the current EV vehicles. The price will come down, but it will be some time till they are available at a cost the average bunny can afford.

 
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